House
May 20, 2021

HIRE Act of 2021

Summary

Official

Hiring Incentive to Return Employment Act of 2021 or the HIRE Act of 2021 This bill increases the rate of the work opportunity tax credit from 40% to 50% of wages paid to members of the targeted groups eligible for such credit over a two-year period. It also increases to $10,000 the amount of wages taken into account for purposes of the credit.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(5/20/21)
Committee
Passed House
Passed Senate
President
Law

Sponsor

TS

Mr. Suozzi

House (D) New York – 3

Cosponsors (12)

Latest Action

Referred to the House Committee on Ways and Means.

May 20, 2021